We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
VirTra, Inc. (VTSI) Surpasses Market Returns: Some Facts Worth Knowing
Read MoreHide Full Article
In the latest close session, VirTra, Inc. (VTSI - Free Report) was up +2.22% at $6.44. The stock exceeded the S&P 500, which registered a gain of 0.14% for the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.27%.
Prior to today's trading, shares of the company had gained 2.27% lagged the Aerospace sector's gain of 3.6% and the S&P 500's gain of 3.97%.
The investment community will be closely monitoring the performance of VirTra, Inc. in its forthcoming earnings report. On that day, VirTra, Inc. is projected to report earnings of $0.03 per share, which would represent a year-over-year decline of 72.73%. Meanwhile, our latest consensus estimate is calling for revenue of $6.38 million, up 5.11% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and a revenue of $29.19 million, representing changes of +125% and +7.9%, respectively, from the prior year.
Any recent changes to analyst estimates for VirTra, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, VirTra, Inc. holds a Zacks Rank of #1 (Strong Buy).
Digging into valuation, VirTra, Inc. currently has a Forward P/E ratio of 23.33. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 23.33.
The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 1, positioning it in the top 1% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
VirTra, Inc. (VTSI) Surpasses Market Returns: Some Facts Worth Knowing
In the latest close session, VirTra, Inc. (VTSI - Free Report) was up +2.22% at $6.44. The stock exceeded the S&P 500, which registered a gain of 0.14% for the day. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.27%.
Prior to today's trading, shares of the company had gained 2.27% lagged the Aerospace sector's gain of 3.6% and the S&P 500's gain of 3.97%.
The investment community will be closely monitoring the performance of VirTra, Inc. in its forthcoming earnings report. On that day, VirTra, Inc. is projected to report earnings of $0.03 per share, which would represent a year-over-year decline of 72.73%. Meanwhile, our latest consensus estimate is calling for revenue of $6.38 million, up 5.11% from the prior-year quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.27 per share and a revenue of $29.19 million, representing changes of +125% and +7.9%, respectively, from the prior year.
Any recent changes to analyst estimates for VirTra, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. As of now, VirTra, Inc. holds a Zacks Rank of #1 (Strong Buy).
Digging into valuation, VirTra, Inc. currently has a Forward P/E ratio of 23.33. This indicates no noticeable deviation in contrast to its industry's Forward P/E of 23.33.
The Electronics - Military industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 1, positioning it in the top 1% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.